The Supreme Court denied anticipatory bail in the Andhra Pradesh liquor scam, ruling political vendetta claims alone are insufficient without strong counter-evidence. Custodial interrogation is crucial.
Telangana AAR rules promotional scratch cards are taxable under GST, not gifts, if linked to sales targets. This decision impacts business incentive schemes.
Himachal Pradesh High Court dismisses petition challenging relaxed eligibility for Technical Member (State) in GSTAT, clarifying rules for state and All-India Service officers.
The Supreme Court examines whether its ruling striking down Section 6A of the DSPE Act, which mandated prior approval for CBI probes, applies retrospectively, impacting ongoing cases.
A recent High Court ruling set aside GST tax demand and penalty orders, citing a lack of personal hearing and inadequate notice on the GST portal, emphasizing natural justice principles.
ITAT Kolkata ruled on taxing property received with an unregistered agreement in one FY and sale deed in another, clarifying Section 56(2)(x) applicability.
Delhi ITAT addresses an appeal dismissed due to amalgamation, emphasizing that an existing appeal can continue under the amalgamated entity.
RBI discontinues the Master Circular on Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) and related bank reporting, effective October 1, 2024, following the scheme’s conclusion.
IFSC Banking Units (IBUs) can participate in international payment systems. New guidelines clarify authorization requirements for transactions affecting domestic operations.
Supreme Court directs amendments to service rules for judicial promotions, including LDCE quotas, minimum qualifying service, and training requirements.